Streetbeat News

GRYP

Gryphon Digital Mining, Inc.

https://gryphondigitalmining.com

Industry

Financial - Capital Markets

Gryphon Digital Mining, Inc. engages in carbon-neutral bitcoin mining. Gryphon Digital Mining, Inc. was formerly known as Ivy Crypto, Inc. The company was incorporated in 2020 and is based in Las Vegas, Nevada.

Open

0.72

Mkt cap

37M

Volume

275K

High

0.77

P/E Ratio

-2.32

52-wk high

10.30

Low

0.70

Div yield

N/A

52-wk low

0.38

Gryphon Digital Mining reported a 2% decrease in Bitcoin production for September due to increased mining difficulty, generating estimated revenues of $1.16M based on an average Bitcoin price of $60,286.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 8:16 pm

Gryphon Digital Mining (NASDAQ:GRYP) released its September 2024 operational update, highlighting a 4% increase in hashrate, production of approximately 19.31 bitcoin, and a high mining fleet uptime of 98.7%. The company continues to focus on sustainable operations powered by zero-carbon hydro power.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 8:07 pm

In Tuesday's after-market session, several information technology stocks experienced notable movements. Boxlight, iLearningEngines, Gryphon Digital Mining, Aviat Networks, Pixelworks, and Astera Labs saw gains, while Cemtrex, Keysight Technologies, BTC Digital, Quantum Computing, Rambus, and Smith Micro Software experienced declines.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 8:30 pm

Gryphon Digital Mining (NASDAQ:GRYP) announced that Sim Salzman will continue as CFO, following recent management changes. The company is focused on a four-pillar strategy to maximize shareholder value, including growth, energy cost advantages, capital structure, and management team development.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:02 pm

Establishment Labs Holdings Inc. (NASDAQ:ESTA) shares surged 28.3% in pre-market trading after receiving FDA approval for Motiva Implants. Other notable pre-market movers include Fangdd Network Group Ltd. (NASDAQ:DUO), Onconetix, Inc. (NASDAQ:ONCO), and Bristol-Myers Squibb Company (NYSE:BMY), which saw significant gains due to various positive developments.

Portfolio Pulse from Avi Kapoor

September 27, 2024 | 10:46 am

Technology sector shares are rising following Micron's strong earnings report.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 7:57 pm

HC Wainwright & Co. analyst Kevin Dede has reiterated a Neutral rating on Gryphon Digital Mining (NASDAQ:GRYP).

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 10:21 am

Gryphon Digital Mining has terminated Robby Chang as CEO and President, appointing Steve Gutterman as the new CEO effective September 17, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 1:06 pm

Gryphon Digital Mining (NASDAQ:GRYP) has announced the acquisition of an ultra low-cost bitcoin mining operation and reported strong August bitcoin production. The company achieved a bitcoin efficiency of 22 BTC/EH and improved its hashrate by 8% compared to August 2023. Gryphon continues to focus on sustainable operations powered by zero-carbon hydro power.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 11:08 am

HC Wainwright & Co. has reiterated a Neutral rating on Gryphon Digital Mining, indicating no change in their outlook for the company.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 10:35 am

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